7718 La Mirada DriveBoca RatonFL33433
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.52, 7718 La Mirada Drive, Boca Raton, FL, 33433 in Boca Raton sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.21%. The 8.21% yield is backed by 5% annual appreciation projecting $88,410 in value gain, plus $2,947/yr in principal reduction. Total projected cumulative return: $126,188.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 4.5% |
| Monthly Cash Flow | $(956) | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,189 |
| Total Monthly Debt Service | $1,996 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan M Brown • RE/MAX Services
Mls Name: BeachesMLS
Mls ID: #RX-11158683